There are several factors that a person should consider before settling for a certain property. Proximity to the work place and amenities, security, the size of the house, the type of tenancy among other things. The most difficult task faced by tenants is finding the right umn housing off campus. It takes a lot of time and resources to identify the best suitable one.
Nowadays landlords ask for huge deposits with partial refunds. This money is paid during the transfer of lease. It is expected that the renter takes extra care of the house so that by the time they are moving out, it is still as new as it was. This is practically impossible. The deposit paid will serve as repair fee. A very small percentage of the money is normally refunded.
Some homeowners ask for too much rent. With the changes in the economy, it is becoming harder and harder for some people to afford rent especially in urban areas. The amount is also not constant. It may be raised any time. This is a major problem to renters as they have no control over this variable. The higher the rent goes the more difficult it becomes to raise the money needed.
A renter is required to move out of a property in case they receive an eviction notice. Sometimes they are not at fault. Normally, this notice should be issued in the event that one is unable to pay rent. However, the homeowner may decide to live in the house themselves. In such a situation the tenant is supposed to look for an alternative shelter.
There is no privacy. If a tenant will not have stubborn neighbors who will come knocking at their door every time than the landlord will. The house has to be maintained regularly. Repairs have to be done in case things get damaged and lastly, it has to be inspected once in a while. There is limited secrecy in this kind of homes.
It is the duty of the owner to do repair and maintenance. The renter will only have to report any damages and wait for action to be taken. If the landlord is irresponsible, reported cases may be ignored. If not then a very long time is taken before the repair is done. This makes living conditions uncomfortable.
Some homes have very harsh rules and regulations. They may limit the number of people living in one house. This is a problem for families with many members and also those with many visitors. The time that one is required to leave the compound or return home may be specified for some places. For people working far and need to leave early or return late, this can be a major challenge.
Most people will use middlemen when looking for a place to stay. They hire third parties to search for a suitable house and do the negotiations. Brokers are an added expenditure. They will look for property that pleases them and not the client. Some might even con their employers.
Nowadays landlords ask for huge deposits with partial refunds. This money is paid during the transfer of lease. It is expected that the renter takes extra care of the house so that by the time they are moving out, it is still as new as it was. This is practically impossible. The deposit paid will serve as repair fee. A very small percentage of the money is normally refunded.
Some homeowners ask for too much rent. With the changes in the economy, it is becoming harder and harder for some people to afford rent especially in urban areas. The amount is also not constant. It may be raised any time. This is a major problem to renters as they have no control over this variable. The higher the rent goes the more difficult it becomes to raise the money needed.
A renter is required to move out of a property in case they receive an eviction notice. Sometimes they are not at fault. Normally, this notice should be issued in the event that one is unable to pay rent. However, the homeowner may decide to live in the house themselves. In such a situation the tenant is supposed to look for an alternative shelter.
There is no privacy. If a tenant will not have stubborn neighbors who will come knocking at their door every time than the landlord will. The house has to be maintained regularly. Repairs have to be done in case things get damaged and lastly, it has to be inspected once in a while. There is limited secrecy in this kind of homes.
It is the duty of the owner to do repair and maintenance. The renter will only have to report any damages and wait for action to be taken. If the landlord is irresponsible, reported cases may be ignored. If not then a very long time is taken before the repair is done. This makes living conditions uncomfortable.
Some homes have very harsh rules and regulations. They may limit the number of people living in one house. This is a problem for families with many members and also those with many visitors. The time that one is required to leave the compound or return home may be specified for some places. For people working far and need to leave early or return late, this can be a major challenge.
Most people will use middlemen when looking for a place to stay. They hire third parties to search for a suitable house and do the negotiations. Brokers are an added expenditure. They will look for property that pleases them and not the client. Some might even con their employers.
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